Which of the following is not an asset of a bank? a.business deposits b.consumer loans c.deposits in other banks d.government securities e.All of the above are bank assets. 18. Unlike the United States, many countries grant their banks the authority for a.full merchant banking, including investment banking and ownership of companies to which they lend. b.deposit banking. c.forming bank holding companies. d.lending to foreign companies and countries.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 16MC: Which of the following are found on the bank side of the bank reconciliation? A. NSF check B....
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17. Which of the following is not an asset of a bank?
a.business deposits
b.consumer loans
c.deposits in other banks
d.government securities
e.All of the above are bank assets.


18. Unlike the United States, many countries grant their banks the authority for
a.full merchant banking, including investment banking and ownership of companies to which
they lend.
b.deposit banking.
c.forming bank holding companies.
d.lending to foreign companies and countries.

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